16/04/2026

Topic Young Rich Australian Financial Review

The wealthiest Australians under 40 include uni dropouts, an F1 star, ex-Macquarie banker, and founders of businesses ranging from pet food to crypto casinos. The wealthiest people under 40 are now worth a combined $31.7 billion, led by Canva duo Melanie Perkins and Cliff Obrecht, who topped the list for the sixth year. Simon Beard, the founder of streetwear empire Culture Kings, wants to live as long as possible to enjoy his success. Airtree and Quadrant led a big capital injection into the Sydney robotics start-up, catapulting its founders up the Young Rich List.

How LSKD’s founder jumped 48 spots on the Young Rich List

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The founder of the sportswear chain rose from 77th place to 29th and was the biggest mover of the year, with an estimated personal wealth of $221 million. The co-founder of America’s biggest predictions market built a platform that lets people bet on anything. Major betting agencies TAB, Betr and bet365 have SA Premier Peter Malinauskas at odds of $1.01 to win on March 21, unprecedented ahead of an election. Plus, our app includes live streaming features, providing added flexibility to watch and bet at your convenience.

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Super Retail chair survives investor ire, cancels $7m in bonuses

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  • The 44-year-old founder of Virtual Gaming Worlds fronted Perth Magistrates Court on Thursday on nine new charges.
  • The founder of the sportswear chain rose from 77th place to 29th and was the biggest mover of the year, with an estimated personal wealth of $221 million.
  • The businessman best known for his stake in Lovisa and other major brands owns almost 13 per cent of the New York-listed lingerie label and wants changes.
  • Airtree and Quadrant led a big capital injection into the Sydney robotics start-up, catapulting its founders up the Young Rich List.
  • The wealthiest people under 40 are now worth a combined $31.7 billion, led by Canva duo Melanie Perkins and Cliff Obrecht, who topped the list for the sixth year.

While the Sydney hedge fund’s bet on poker machine maker Light & Wonder has been an enormous success, other big positions have performed poorly for months. This may be one of those era-defining occupations – like being a Wall Street trader in the 1980s, a dotcom founder in the 1990s or an influencer in the 2010s. Prominent Australian-based global investors such as Plato’s Dave Allen are already using prediction markets to help pick stocks. New chief executive Andrew Vouris said an attempt to compete against Tabcorp inside pubs and clubs had distracted the bookmaker from what it does best.

The definitive list of our next generation of entrepreneurs, aged 40 and younger. The definitive list of our best and brightest next generation of entrepreneurs, aged 40 and younger. It was a series of fast-falling cards at the company, with Steve McCann’s resignation resulting in two exits and a surprise chairman. Denise Coates has retained her title as one of the world’s best-paid executives, even as her gambling empire’s earnings slumped.

The 44-year-old founder of Virtual Gaming Worlds fronted Perth Magistrates Court on Thursday on nine new charges. The results are the first for the embattled casino operator since Bally’s and the Mathieson family took over as majority owners. Polymarket has become a sprawling clearinghouse for geopolitical speculation, on which the line between informed conviction and inside knowledge is blurred.

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Betting on prediction markets is their job. They make millions

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From footballer to founder, Brad Moran has spent the past three years putting his all into this residence – which comes complete with three panic rooms. Daniel Roberts, a former Macquarie banker who runs the Nasdaq-listed data centres business, says the agreement is only the first of many as demand booms. Oscar Ledlin, who ranks number 55 on the Young Rich List, has launched a company specialising in sustainable concrete production, with ambitions to IPO. The cryptocurrency gaming start-up is backed by some of the country’s best-known venture capital funds and says it has significantly reduced its cash burn. The company had already been heavily sold off over the year, with Trump administration trade policies increasing the cost of its products and hurting sales.

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